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Search Results 0 to 49 of about 101 (some duplicates have been removed)
, for that matter, those two. to finance a big across the board tax cut but not tell us how. not what big across the board deductions he'll deny people in order to pay for it or even what taxes he's been paying himself over the years. or how he'll finance all those popular things in the president's health care plan once he kills the plan itself. lots of secrets. secrets because he himself has no earthly idea what the answers are. i'm joined by democratic strategist bob shrum and salon's joan walsh. first, however, we have two new national polls on the presidential race. let's check the "hardball" scoreboard. according to a new "washington post"/abc news poll, president obama has a two-point lead holding there, 49%/47%. same score in the new politico poll. obama by two, 49%/47%. "the new york times" this weekend reported on the two campaigns' ongoing debate preps. here is what they said about romney's prep. quote, mr. romney's team has concluded that the debates are about creating moments and has equipped him with a series of zingers he's memorized and has been practicing on aides since august. b
detailing massive waste of tax payer money leading to the resignation of a top veteran's affair official. stepping down after the inspector general report revealing last year costs $6.1 million. >>> some of you i know are wondering what someone like me is doing in a place like this talking to people like you. what i don't know -- >> this spoof of the movie patton was produced just for that event. it had a price tag of 50,000 dollars. in addition the conference org nierzs gave themselves 43,000 in bonuses. an amtrak train derails after it collides with a tractor trailer. 20 people were hurt. the train was headed from oakland to bakers field that's when the truck through right through the gate. passengers were tossed around including a new born baby. >> the seat in front of us was ripped out and fell on top of him. i had to lift the seat up and i found him in his car seat. >>> a thank goodness none of those were life threatening. crews hope to have it up and running soon. >> 8 planes were pulled out of commission to inspect them. the plane forced to turn around and then return back to new
is on cbssf.com. warning today of sharply higher taxes and worse unless washington comes up with a sudget deal. on cou think the united states would go back into recession? inthead of the international monetary fund paints a dark oncture. wyatt andrews and anthony mason on today's threats to the recover. thr the first time we'll take you inside this secret u.s. facility. bob orr shows us where they track terror suspects worldwide. and jim axelrod with a young soccer player who's replaced a missing leg with gallantry on the field. >> i just want to be seen as an equal. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening, and we could add happy new year, because this is the first day of the federal government's new fiscal year. but there's not much to celebrate because the nation is headed toward what's being called the fiscal cliff and there are dire new warnings today about what will happen to american families unless congress and the president reach a budget deal by december 31. that is the day that a series of tax cuts will
romney's going to race taxes on the middle class. now, mitt romney has never made that claim. this is coming from a report making all kinds of arguments. and he's made all kinds of a assumptions that the romney campaign has rejected. also puts harvey rosen, you can also generate enough growth to avoid a middle class tax increase. there are a loft credible folks saying something else. it's a fact he's going to raise middle class tax. >> the obama campaign, david plouffe is a chris christie of the campaign saying their campaign is built on a tripod of lies and the president has said sometimes they just make things up. >> last i checked, isn't this called politics? you have lying all the time in politics. it is our responsibility to call folks out on it. on my tv 1 show, i have a segment called the biggest damn lie. >> that's got to be a very tough line to draw. >> some lies are much bigger than the others. you have to call folks out on it. here's the problem i have when it comes to a debate. when you hear lies on a debate, they should be called on out on the spot. when you hear
worse economic news again. we saw that corporate tax has dropped by about a third from precrisis levels, basically small businesses are just not growing in this environment and big businesses are chasing profits abroad. so the government is just not getting the tax take on that front. in the asset classes, you can see some of the levels not that good at the moment. bundes still attracting a lot of attention. we've been waiting on spain to fishlgly l-- officially ask fo that aid. nonetheless, we're not seeing too much pressure on the periphery, 5.75%. let me send it back to you. >> thank you very much. the first presidential debate. john harwood is on the ground in denver. he joins us with the latest nbc news "wall street journal" poll. it looks like things are starting to even out at least a little. is this the bounce that president obama got after the democratic convention coming back down? >> well, i think it's the bounce from the convention and the surge that he got on top of the convention with that 47% video, so there is some good news for romney. not only our national poll, but a
. >> they get to buy houses and pay taxes. >> they get to do a lot of things. i am proud of it. i have built a lot of great buildings and had success. i have taken care of a lot of families whether it's education or medical or whatever you want to say. i did work hard and i did build it. >> what does this say about his mentality, though? look at where we are in the ton tr country. >> that came out probably he wished he didn't say it. the truth came out. often times you will see that. >> that was one of the few times he was off prompt ter. oo ee may have been off tell pyrometer. people need to understand that's where he is all about and where he is coming from. >> we are going to spread the wealth around and you didn't build that. here's where you are economically. we have one in 6 americans in poverty. 5 million americans under employed. this staggers my mind. 49 million americans on food stamps right now in this country. the net worth of a person has gone down 40 percent in three years. the average home price gone down 35 percent. >> we owe $17 trillion a number you wouldn't think would be
pay 50 percent in taxes. >> the rich are paying most of the taxes in the country. statistics come out that are amazing. >> it is like an amazing number. i was surprised to see it. they work hard they employ people. this is a very, very bad time. we are in a weak economy. this would be a bad time to raise taxes for any one whether it's the rich, the poor. now in all fairness less than 50 percent of the people in this country pay taxes anyway which is another amazing statistic. i wouldn't believe that statistic. the rich pay tremendous amounts of taxes. most of the taxes in the country and they really have to be at least -- rich people if they don't love their country they can go to other countries and pay a lot less tax. if you were in new york and the taxes were high you could move to florida or move here. with globalization and everything -- >> why don't you move to florida. we have golf courses in miami. >> i have a lot of great properties in florida. i just -- >> the minute you walk you hed florida. >> i love new york. i stick with new york. it's a great place. it's where i want to
will grant the spending of local tax dollars without budget approval. phil mendelson plans to introduce an amendment to the district of columbia charter. it has been 10 years since the d.c. sniper shootings began. john allen mohammed and lee boyd malvo terrorized the region before they were captured. they killed 10 people and critically injured more. mohammad was executed in 2009. malvo, a juvenile, was sentenced to six life terms. now a decade later in an exclusive interview with the washington post, he says his remorseful. but the incident still brings up emotions for some residents. >> it was terrible. everybody was scared to go out of the house. he was shooting people for no reason. >> one of the victims we spoke with believes malvo has changed but still needs to deal with the consequences for the rest of his life. our coverage of this infamous anniversary continues tonight at 5:00. >> i remember it so vividly that it's like yesterday. of the few survivors of the washington area sniper attacks. we will look back at what happened in years ago. he says he refuses to let it impacted li
clear to people that all these falsehoods coming out of the obama campaign about our tax policy about our medicare reform and all that are just that. >> reporter: romney will be working in pre-debate campaigning as he arrives. every day counts. wolf? >> president obama is spending the next couple of days in henderson, nevada, gearing up for wednesday's debate. our white house correspondent dan lothian is over at the white house. he getting new information. what's the latest on his xaeb preparation, dan? >> reporter: campaign official telling me that the president began those practices last might after arriving in defense nevada and continued these rehearsals this morning in nevada as well. taking only a break this afternoon. one of the things that they are really working on is trying to get the president to be more concise and in his answers. you know, sometime it is president can be long winded and the campaign has admitted this and it is not the most effective way to deliver your message. so they are trying to get the president to answer these questions with very few words. he has a
up so much that the cost of ownership now in many instances after taxes is less money than it cost to rent. the big challenge, though, is that we're not getting enough people being able to move up out of their existing houses. we're not getting enough people to relocate because they are stuck in their homes even though they are current on their mortgages, even though they qualify for their mortgages, the home is worth so much less than their current mortgage amounts they can't get out and refinance. so there's go to be a new policy that comes in to address that challenge. >> ali can i mention something about housing for a second. i want to pat myself on the back. as you know for the last year or two i've been bullish on real estate and housing. and i think that we are seeing, this gentleman is right if you look at the major markets you're seeing a rebound in real estate especially in states like florida and states like arizona. and what's interesting is the two reasons i think you're seeing an uptick is number one, you got these mortgage rates that we're going to be telling our gra
session is what to do about the fiscal cliff, this whammy, this triple whammy of tax hikes and defense cuts and social program cuts that are scheduled to take effect the first of the year. i talked to one democratic congressman, a leader last night, i ran into him at an event in suburban washington. he said, don't look for congress to do anything substantiative in that lame duck, however, they might push that deadline back, work out some kind of deal, push it back six months, and get some serious negotiations on what to do about that fiscal cliff, some time in the springtime. >> mike viqueira, thank you. >>> the spin machine is in full effect over those jobs numbers. first, president obama used his weekly address to tout that drop in unemployment numbers to 7.8. >> more americans are entering the workforce, more americans are getting jobs. >> but mitt romney on his weekly podcast this morning argued that it is just more proof that obama's policies had failed. >> we created fewer jobs in september than in august, and fewer jobs in august than in july. and we've lost over 600,000 manufac
to former house speaker nancy pelosi. >> who will raise taxes on the middle class? barack obama and the liberals already have. >> reporter: fresh ammunition for tomorrow night's debate at an event earlier today in charlotte, north carolina, wolf, biden said how can the romney campaign justify raising taxes on the middle class that has been buried -- in his words, buried, the last four years. paul ryan at a campaign event in iowa just a few moments ago seized on those comments and said vice president biden said that the middle class has been buried. we agree. he goes onto say that means we need to stop digging by electing mitt romney the next president of the united states, wolf. i have a strong sense this will be brought up at tomorrow night's debate, wolf. >> we'll have a lot more on what joe biden has just said and the very tough reaction coming in from the romney campaign. gloria borger is standing by on that front. both of these campaigns are bringing major surrogates to denver to appear in the so-called spin room after the debate tomorrow night. what are you learning about
will see higher taxes if congress fails to renew tax cuts. that's all according to a new report from the tax policy center. the two major parties are split on exactly who should continue to have the reduced taxes. if a plan is not passed by the end of the year, the existing tax cuts will come to an end. as an example, a family earning $40,000 to $64,000 a year could see taxes go up as much as $2,000 by 2013. >>> american airlines has engineers in new york checking the seats of 8 boeing 757 jets. the inspections came after two incidents where rows of seats came loose from airplanes' floors. it happened yesterday on a flight from new york to miami and on saturday on a boston-to- miami flight that made an emergency landing in new york because of pilot concerns. >> we don't know what kind of turbulence we have. the seat is loose. we don't want that thing flying around and hurting the passengers behind them. >> both planes recently had maintenance work that involved removing the seats. the work was done at separate facilities and american says the problem could be the way the seats fit in
will actually go to schools. i spoke with the director of the maryland budget and tax policy institute. it is a nonpartisan organization and he says if voters approve the referendum, there should be close to $200 million that goes into the education trust fund. by the year 2016. >> all of the money will go to the education trust fund and will go to local schools. but the state may then use some of the money it saves because it doesn't have to use tax dollars for that school aid, and use that for health care and public safety, and parks and other good things that we depend on from the state. so it helps the state treasury. it will help the budgets. >> right. >> but it is wrong to say that it will increase education aid dollar for dollar. >> so what about job creation? that is another thing that they speak of. the ones who want you to vote in favor of this referendum. head to myfoxdc.com for our entire interview. >> massive automatic federal cuts are set to take effect in three months. one thing set to go is the bush you could pay a hefty price tag if congress doesn't renew them. accordi
has questions on the president from taxes to debt and spending. >> he wants another stimulus? how did the first one work out? he wants to hire more government workers? he wants to pick with winners and losers solyndra, losers in his case. we know where that leads. we have seen the last four years. we don't want four more years like the last four years. >> reporter: the debate at the university on long island is going to include foreign policy. to that end the governor is rolling out the foreign policy ball. he has a big speech on foreign policy at virginia military institute in lexington. >> gregg: tell us how big the first debate is playing out in the campaign ads. >> reporter: both sides are trying to portray the other as the bigger fiber. he has new ad from both campaigns and both are saying the other is untruthful from taxes to anything under the sun. take a look. >> i don't have five trillion dollar tax cut. if you just implemented it would cut five trillion dollars. >> i will not produce the taxes paid by high income americans. >> is that actually true? >> the latest, not tellin
of some of the things that president obama said. right now the $5 trillion tax cut both of them argued over is in a new ad the romney campaign put out this morning because the romney campaign feels they need to clear up what president obama is saying about it, which is that it's not true. >> how forgiving is the american voter if president obama had what he would claim is just a bad night? >> it's hard to say. what will have to happen is president obama will have to have a much better debate in new york, about a week and a half away. i've talked to a lot of democrats and big obama fans who are miserable about the president's debate performance because they think he did a bad job and might have ruined his chances. >> why do you think that was? >> you know, part of it was president obama's strategy. he wanted to come in looking presidential. david axlerod says in a conference call this week with reporters that the president didn't want the american people to see two candidates on stage insulting each other and for that reason he stayed above the fray but he needed to look for aggressive.
romney's been running around the country for the last year, promising $5 trillion in tax cuts that favor the wealthy. >> reporter: many supporters asking, why wasn't the president tougher? why no mention of romney and his comments about the 47%? the people romney said he could never convince to take personal responsibility. romney offering new explanation for those comments overnight. >> why didn't president obama bring that up? what would you have said if he did bring it up? >> clearly, in a campaign with hundreds, if not thousands of speeches, and question and answer sessions, you're going to say something that didn't come out right. and i said something that's just completely wrong. >> reporter: that was one of the first times we heard romney, in fact, the first time we heard him say he was completely wrong about those comments about the 47%. as far as the obama campaign is concerned, they've acknowledged in the last 24 hours, they have to look at their debate strategy before the next one. >> they know it has to change. >>> now, to the big jobs news. the latest report on unemployment
advised him to focus on policy, such as romney's effort to distance himself from his own tax proposal. >> for 18 months he has been running on this tax plan. and, now, five weeks before the election, he is saying that his big bold idea is never mind. >> reporter: now top democrats and liberal pundits bemoan a missed opportunity. >> i don't know what he was doing out there, had his head down, enduring the debate rather than fight. >> it looked like romney wanted to be there, president obama didn't want to be there. >> reporter: some blamed denver's high elevation for his performance. >> when you go to 5,000 feet, and you have a few hours to adjust. >> that's interesting. >> i don't know. >> the president spent much time looking down at his podium take notes. and squandered easy opportunities to go after romney. such as this moment. >> i like pbs. i like big bird. i like you too. but i am not going to keep on spending money on things to borrow money from chon ina to p for it. a wide opening. the president took more than 14 hours to come up with a come? back. >> thank goodness, somebody
us more tax increases and more regulated debt. >> eric: talk about the real personal income and durable goods. that is, why? >> what we earn is important to our spending power and standard of living. we are down $4000. and that is real disposable income. and looking over the period of the president's term, we are down $4000 median per household . durable good orders. machines. cars and trucks and planes. down 13 percent. one month that is a decline and that points to recession. >> steve: seems like we are slowing down. over in trouble in europe and nothing on horizon. everybody slog down and america could leave the world out of america could expand and drag the world with it >> eric: personal income is down especially with gas at four bucks a gallon. >> national average 3.80. >> brian: fewer dollars to spend. >> we have food price inflation. our standard of living is declining. are you better off, no. you are not better off. >> steve: stewart i talked to a number of business owners and they were reluctant to hire. if mitt romney is elected president of the united states. wou
, and a majority of americans are staring at big increase on their tax bill. ashley morrison with more. >> the tax center released a study showing that americans of all different incomes could be hit with a tax increase. if washington doesn't come up with bauj et deal by the end of the year. if existing tax cuts are allowed to automatically expire, the average tax increase would be $3500 a year, a middle income family make between $40,000 and $60,000 a year would see their tax bill rise by $2,000. >>> overseas marks were mixed this morning. tokyo's nikkei shed a fraction on concerns of company earnings, while south korea's kospi grained a fraction. hong kong's hang seng is closed for a holiday. >>> on wall street, the dow added 77 points while the nasdaq lost two points. jp morgan chase is being sued over dealings made by bear stearns, the investment bank it acquired in 2008. new york's attorney general filed the suit claiming bear stearns misled investors. the suit is the first to be filed under a group set up by the obama administration to investigate misconduct that caused the 2008 financial cr
and on the state exchanges, that the congress forced the state to raise taxes and tell them how to pend it the supreme court weighed in on that. the statute is 2700 pages long and there are many other challenges in the court system to other parts of the statu. there are 45 plaintiffs all religious organizations many of them catholic and arch dose dose of new york challenged the so-called employer man date. the employer man date requires employers to buy health insurance that makes services available that violate the employer's values like birth control and abortion and euthaniasia. this would apply to universities and students. can yesterday the supreme court recognized one of the employer mandate challenges made its way to the federal appellate court and the appeals court said we don't want to hear supreme court said we are about to tell the appeals court to hear this. so it can make its way to us. the supreme court will rule on this next year rather than three or four years from now. >> gretchen: what is the messaging from the supreme court that they would tell a court below to rule o
stated the things he should have said i'm going to have that $5 trillion tax cut. i understand that obama had a bad debate, didn't do what he was supposed to do but mr. romney lied. >> bill: you are absolutely right. again, i compared romney's debate performance to the ryan speech in tampa. it was a good performance but it was packed with lies. i think the entire media was focusing on stage craft and performance or entertainment or acting ability and not on the substance of what they said. on the substance of what he said mitt romney simply did not tell the truth about the $5 million, about health care, about a whole lot of stuff. kevin in chicago, kevin getting rid of big bird good idea? >> caller: yeah, my granddaughter is four years old, so i'm ul up to speed on big bird. and it brings back memories of when my kids were young. >> bill: same here. >> caller: it is just an example of the crap that comes out of his mouth. they don't realize the value of putting something on tv for the kids to watch -- >> bill: and learn, yeah. >> caller: and the whole indu
earnest. how they can justify, how they can justify raising taxes on the middle class that has been buried the last four years. >> vice president biden just today, said that the middle class over the last four years has been quote, buried. we agree. that means we need to stop digging by electing mitt romney the next president of the united states! [cheers and applause] gregg: republicans didn't waste anytime trying to utilize the biden remark, did they? >> we'll be hearing a lot about that over the next couple weeks. and i can assure you the white house wishes they could reverse time and get biden to say something, anything different from that. but you know, for those us in the press that is the nice thing about joe biden. he is always sort of ad-libbing and giving us great things to write about. gregg: that updates the biden gaffe clock that the rnc always run on their website. paul ryan seems to have recalculated the infamous 47% remark that, hess running mate uttered. take a listen to this. >> today, 70% of americans get more benefits from the federal government in dollar value than the
. but the real mitt romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. >> reporter: in the audience many of the president's supporters expressed bewilderment at his performance. >> i felt like he should have been more aggressive. >> i didn't understand his strategy and thought, you know, i wondered what was going on. >> reporter: sources tell abc news, the president's strategy was a calculated decision not to risk appearing unpresidential by attacking romney on say that video insulting 47% of the country as irresponsible victims. his aide advised him to focus on policy, such as romney's effort to distance himself from his own tax proposal. >> for 18 months he has been running on this tax plan. and, now, five weeks before the election, he is saying that his big bold idea is never mind. >> reporter: now top democrats and liberal pundits bemoan a missed opportunity. >> i don't know what he was doing out there, had his head down, enduring the debate rather than fight. >> it looked like romney wanted to be there, president obama d
to offer a little more about his tax plan. there's been questions about the tax cuts across the board. which deductions would he eliminate? he's been practicing with that question. they would be surprised, stunned, in fact, if the 47% comments did not come up during this debate. heeds been practicing on that, as well. and lastly, this is their words, he doesn't have to win a charm conte contest, a charm offensive on this stage. he does need to connect with americans and the problems felt by middle-class families. >> jake, one thing romney is likely to bring up tonight. a gaffe by vice president joe biden, where he said the middle class has been buried for the last four years. >> reporter: that's right. vice president biden tried to clean up those remarks later in the day, saying he was referring to the middle-class buried by tax policies put in by republicans. ones that romney and ryan want to go back to. but criticism of what's happened to the middle-class over the last four years is one that ryan and romney jumped on. >> matthew dowd, what is a win for each candidate tonight? >> mit
ssys the ciiy reveiied more than a million dollars in taxes and grand prix cost 300 thhuuand doolars less thhn xpected. p3 there... could... be... in... tte... athletic program... aa... towson task force... recommends... the school... eliminate... two... major sports programs.../// abell ... live... on campus .../ with reaction, jeff.... jeff.... for many athletes, the news &pcame right oottof left field. baseball and soccer eams thhir fiial play. 3 a task orce which has been studying ways to strengghen the athlettc program here iss recommending that the sccool eliminate both its men's baseball and soccer programs. the mmve would save the school about 800-thousand yyars. but its a real blow to athlltes who got the afternoon.meeting this - 3 (11:53::0) "i mean, it was silent.. nobody knew hat to think. its almost like you got hit from bbhind ann you didn't even see it coming." (11:59:04) "we gaae our life to come here and play for place and they throw it awayy as iff eemean noohing. i gave up my family, my friendd, my girlfrrend, just to co
to release his tax returns, saying that wasn't the issue that mattered the most. do you think the president is addressing the issues that are most important in this campaign? >> i think our president has done a fundamental -- a phenomenal job addressing those issues. let me correct. it was not meant to be a criticism. it was correcting all of us to make sure we stay focused on the message where the american people are. we want to hear about jobs. we want to hear about health care. we want to hear about those things that are really right in front of the american people today. the president certainly got on that stage in charlotte and did exactly what we all expected and knew he could do. that was to bring the issues right to the american people. >> let me ask but this group called mayors against illegal guns. you're out with a new ad featuring a survivor of the aurora movie theater shooting, asking candidates to address the issue of gun control at the debate. how likely do you think that is? how likely do you think this shooting, the shooting of a u.s. congresswoman, the subject comes up whe
. $200 million. >> i tell myself, it's 50% tax. don't feel bad. if you don't win the lottery. >> i will take the $100 million. make it work for a couple months. >>> later on in the half hour, the diva drama on "american idol" still spinning out of control. nicki minaj versus mariah carey. and our own barbara walters has a huge scoop about a threat involving a gun. yeah, things got that serious. that's coming up in "the skinny". stay tuned. >>> first, a major admission from mitt romney, the candidate now saying the remarks he made about the 47% were completely wrong. >> the reversal as romney tries to capitalize on his winning debate performance earlier this week. it is a critical time now with just over a month until election day. abc's t.j. winick covering the campaign for us. good morning, t.j. >> reporter: good morning, rob and reena. mitt romney rose to the occasion by all accounts on wednesday night, and now he looks to continue the momentum. seen by many political analysts and average voters as the winner, political challenger, mitt romney echoed his performance. >> he will r
ernst how they can justify raising taxes in the middle class and how it has been buried the last four years. how in lord's name can they justify raising our taxes with these tax cuts? >> all right. here's how paul ryan responded. >> i thought he was taking my speech. you know what? we agreed these are being buried by obama care and spending regulations and all things plaguing a business. the way to stop this is to stop this. >> the middle class has been buried for four years. who is to blame? >> that little exchange we saw encapsulates the challenge for president barack obama tonight. he has to defend his record, he's got to take credit for the good things that have happened. i do think the country is headed in the right direction as i think most americans do, but i think he has to acknowledge how the experience is of real americans enough. not only on economic issues but he's not changing the tone in washington, which he's set out to do. i think the president also has to say what to do differently in the next four years. each of these men have to make a case of themselves and articul
. a washington think tank says if congress can't reach agreement on extending those tax cuts, then nine out of ten, that's 90% of households will see a tax hike averaging $3,500. economists are warning if congress drives off what is called the so-called fiscal cliff, there will be automatic tax increases and deep spending cuts on january 1st. >>> the federal mortgage task force is filing its first action against a major bank. the civil lawsuit against jpmorgan chase alleges massive fraud involving mortgage-backed securities. rather than a specific deal, the complaint focuses on improper practices through bear stearns, which jpmorgan chase acquired after it went bust. >>> american express is agreeing to refund $85 million to about 250,000 credit card customers and pay about $27.5 in fines. federal agencies say the company charged improper late fees and deceived credit card customers about old debts and new services. >>> there is a major recall from honda this morning. it affects 600,000 accords with v6 engines from 2003 to 2007 years. the hose for power steering might come loose and leak flu
Search Results 0 to 49 of about 101 (some duplicates have been removed)